business news

Former White House economic advisor says more Fed hiking is coming

WASHINGTON — A former White House economist on Tuesday said he thinks the Federal Reserve will hike interest rates again…

House Majority Leader Steve Scalise has a ‘very treatable’ blood cancer

House Majority Leader Steve Scalise said Tuesday that he has been diagnosed with multiple myeloma, which he called “a very…

Trump legal challenges: Where the former president’s 7 cases stand right now

Donald Trump is headed into autumn facing an astonishing number of scheduled criminal and civil trials — six, with the…

Miami Mayor Francis Suarez suspends presidential campaign after failing to qualify for debates

Miami Mayor Francis Suarez announced Tuesday he is suspending his presidential campaign, making him the first Republican primary candidate to…

Stocks making the biggest moves midday: Best Buy, Big Lots, Coinbase, Nio and more

Check out the companies making headlines in midday trading. Best Buy — Shares popped nearly 4% after the retailer’s fiscal second-quarter…

Regional banks face another hit as regulators force them to raise debt levels

U.S. regulators on Tuesday unveiled plans to force regional banks to issue debt and bolster their so-called living wills, steps…

Commerce secretary says US firms complain China is ‘uninvestable’

U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become “uninvestable,” pointing to fines,…

Stocks making the biggest moves premarket: Oracle, AT&T, Best Buy and more

Check out the companies making headlines before the bell. Oracle — The software giant rose 2.7% after UBS upgraded Oracle…

‘Farewell ceremony’ held for Wagner boss Prigozhin; UN says Ukrainian children showing learning loss

This was CNBC’s live blog tracking developments on the war in Ukraine on Aug.29, 2023. Russian President Vladimir Putin is…

How much do weddings cost? This one in Las Vegas is just $15

They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United…